Here is the volume profile of Nifty and BankNifty for the may series .
Value for the series developed between 6150 and 5950 and both would be important on closing basis for the next series.
Highest volumes were traded at 6062, followed by 6007 and 5970 all May F prices.
Vwap for the series is seen at 6040.
We see a trending move out of this value area for the June series which should put us near 6600 or back to 5500 depending on the drive we see from this value area.
The BankNifty has a vwap around 12720 and a dpoc around 12580 for this series.
Currently we are seeing the auction develop the low volume zone between 12720 and 12960 Future.